A legal firm wants to use text analytics for easier and faster access to information to help with compliance related issues. The legal firm needs a taxonomy on legal concepts.
What is a taxonomy?
A legal firm wants to use text analytics for easier and faster access to information to help with compliance related issues. The legal firm needs a taxonomy on legal concepts.
What is a taxonomy?
A taxonomy is a systematic classification or categorization of concepts. In the context of a legal firm wanting easier and faster access to information, a taxonomy would be a list of valid categories that organize legal concepts in a meaningful way, facilitating the retrieval and analysis of relevant information.
Correct. Taxonomy regards a series of business issues / groups, which are used to organize customer actions into categories.